Mexico's pride, its oil, may reopen to big multinationalsSource: The New York Times

December 12, 2013 at 4:08 PM

Every gas station in Mexico is stamped with the green-and-white logo of the state-owned oil monopoly, the economic lifeblood of the government. Oil Expropriation Day, commemorating the day Mexico seized control of the industry from multinationals in 1938, is celebrated with speeches and even parades in some towns. An old song, “The Oil Worker Hymn,” credits oil with “saving our fatherland.”